Global TradFi & Macroeconomics

The US dollar declined in morning trading on August 17 as retail sales data missed forecasts and Federal Reserve rate hike expectations retreated. July retail sales fell 0.6% month-over-month, significantly below the +0.1% market forecast, weakening the case for further Fed tightening. The dollar in

According to the London Metal Exchange, copper spot prices hit a record backwardation premium of $545 per ton versus three-month futures today, marking the largest negative calendar spread since the 2021 squeeze. Futures prices are approaching the January 2026 peak above $14,500 per ton amid

According to SEC filings, as of end of June, ultrawealthy family offices managing assets for billionaires across the Americas, Europe, and the Middle East have collectively built over $3.8 billion in SpaceX holdings. Nick Pritzker's family office, linked to the Hyatt hotel empire, holds $1.8 billion

NVIDIA agreed to provide up to $105 billion in guarantees to support OpenAI's lease payments for an Ohio data center, according to SEC filings disclosed on August 17 (local time). The guarantee covers OpenAI's lease of approximately 4.25 gigawatts (GW) of computing capacity at a facility being

According to SEC filing disclosed on August 17, Nvidia agreed to provide up to $10.5 billion in residual value guarantees to support OpenAI's lease payments for a data center in Ohio. The guarantee covers OpenAI's 4.25 gigawatt computing capacity lease, with the facility expected to eventually suppo

According to Zhi Tong Financial, Lingyong Technology (02436) projects net profit to surge to approximately RMB 20 million for the six months ended June 30, 2026, up about 300% from RMB 4.9 million in the same period of 2025. Gross profit is expected to increase to around RMB 180 million, up at

The U.S. and Japan jointly intervened in currency markets recently, pushing USD/JPY down from 164 to 155, marking a 5.4% appreciation of the yen. About half of the prior depreciation has been recovered. Meanwhile, market data shows September BOJ rate hike odds have reached 76%, reflecting growing

According to ZhiTongCaijing APP, Innovation Industrials (02788) reported mid-year 2026 results on August 17, with net profit of 23.045 billion yuan, up 166.1% year-over-year, and revenue of 115.33 billion yuan, up 32.4%. Earnings per share reached 1.11 yuan. The company attributed growth to higher a

Goldman Sachs agreed to acquire NEOS Investments, an asset manager specializing in options-based income ETFs, in a deal valued at up to $2.25 billion. NEOS manages BTCI, a bitcoin income ETF with approximately $1.1 billion in assets, which surpassed the $1 billion mark less than two years after

According to Cambricon's announcement, 561,000 shares from the company's 2023 equity incentive plan will become tradable on August 20, 2026. The shares benefit 124 employees with an average stock value of 5.5715 million yuan per person. Based on Cambricon's closing price of 1,156 yuan per share

Goldman Sachs agreed to acquire NEOS Investments, an asset manager specializing in options-based income ETFs, in a deal valued at up to $2.25 billion. NEOS manages BTCI, a bitcoin income ETF holding approximately $1.1 billion in assets, which reached the milestone less than two years after its

Kaihong Stock (02603) announced plans to distribute an interim dividend of 0.14 Chinese yuan per share, according to an official filing.

According to its disclosure, Zihui Shares (02603) posted H1 2026 results with revenue of approximately 3.736 billion CNY, up 15.53% year-over-year, and net profit attributable to shareholders of approximately 158 million CNY, up 33.52% YoY. Earnings per share were 0.36 CNY, with an interim

According to Gate's market data, SanDisk (SNDK.O) stock gained over 10% today, while Micron Technology (MU.O) rose 5.6%. SK Hynix (SKHY.O) and Western Digital (WDC.O) also climbed over 6% each.

L3Harris Technologies CEO Christopher Kubasik resigned immediately on August 17 after the company discovered conduct by him inconsistent with its values. The stock fell 3.9% on the news. The company stated the conduct was unrelated to financial reporting, internal controls, customer relations, or op

U.S. stocks edged lower Monday at about 9:35 a.m. ET, with the S&P 500 down 0.1%, the Dow Jones Industrial Average losing roughly 174 points or 0.3%, and the Nasdaq Composite nearly unchanged. The declines occurred as the equity market balanced strong earnings against inflation and geopolitical

Strategy (MSTR) rose 2.54% to about $95.40 on Monday as the company extended its Bitcoin buying pause to an eighth consecutive week. Strategy made no Bitcoin purchases or sales between August 10 and August 16, leaving its holdings unchanged at 840,447 BTC. Instead, the company raised $333.7

According to MarketWatch and Wall Street Journal, the 30-year U.S. Treasury yield reached approximately 5.29% on Monday (August 17), marking its highest level since 2007. The S&P 500 declined 0.1% while the Dow Jones Industrial Average fell roughly 174 points, or 0.3%, as higher long-term yields inc

Barclays appointed Adeel Khan and Mike Joo as co-heads of its investment banking division in the second quarter, according to the bank's official announcements. Khan was promoted from his role as head of

According to the company announcement on August 17, China Pharma Holdings Limited (01312) expects a consolidated net loss of approximately 67.2 to 100.7 million HKD for the first half of 2026, compared with a net loss of approximately 321.4 million HKD in the same period of 2025. The expected loss